Common use of Operations in Conformity With Law, etc Clause in Contracts

Operations in Conformity With Law, etc. Except as set forth in the Asset Disclosure Schedule, to Seller’s Knowledge: (i) Seller is, and at all times has been, in full compliance with each Legal Requirement that is or was applicable to it or to the conduct or operation of Seller’s Business; (ii) no event has occurred or circumstance exists that (with or without notice or lapse of time) (a) may constitute or result in a violation by Seller of, or a failure on the part of Seller to comply with, any Legal Requirement, or (b) may give rise to any obligation on the part of Seller to undertake, or to bear all or any portion of the cost of, any Remedial Action of any nature; and (iii), the Seller has not received any written notice or other communication from any Governmental Body or any other Person regarding (a) any actual, alleged, possible or potential violation of, or failure to comply with, any Legal Requirement, or (b) any actual, alleged, possible or potential obligation on the part of Seller to undertake, or to bear all or any portion of the cost of, any Remedial Action of any nature.

Operations in Conformity With Law, etc. Except as set forth in the Asset Disclosure Schedule, to Seller’s Knowledge: (i) Seller is, and at all times has been, in full compliance with each Legal Requirement that is or was applicable to it or to the conduct or operation of Seller, Seller’s assets, and the Seller Business; (ii) no event has occurred or circumstance exists that (with or without notice or lapse of time) (a) may constitute or result in a violation by Seller of, or a failure on the part of Seller to comply with, any Legal Requirement, or (b) may give rise to any obligation on the part of Seller to undertake, or to bear all or any portion of the cost of, any Remedial Action of any nature; and (iii), the ) Seller has not received any written notice or other communication (whether oral or written) from any Governmental Body or any other Person regarding (a) any actual, alleged, possible or potential violation of, or failure to comply with, any Legal Requirement, or (b) any actual, alleged, possible or potential obligation on the part of Seller to undertake, or to bear all or any portion of the cost of, any Remedial Action of any nature.

Operations in Conformity With Law, etc. Except as set forth in the Asset Disclosure Schedule, to Seller’s Knowledge: (i) Seller Borrower is, and at all times has been, in full compliance with each Legal Requirement that is or was applicable to it or to the conduct or operation of SellerBorrower, Borrower’s assets, and the Borrower Business; (ii) no event has occurred or circumstance exists that (with or without notice or lapse of time) (a) may constitute or result in a violation by Seller Borrower of, or a failure on the part of Seller Borrower to comply with, any Legal Requirement, or (b) may give rise to any obligation on the part of Seller Borrower to undertake, or to bear all or any portion of the cost of, any Remedial Action of any nature; and (iii), the Seller ) Borrower has not received any written notice or other communication (whether oral or written) from any Governmental Body or any other Person regarding (a) any actual, alleged, possible or potential violation of, or failure to comply with, any Legal Requirement, or (b) any actual, alleged, possible or potential obligation on the part of Seller Borrower to undertake, or to bear all or any portion of the cost of, any Remedial Action of any nature.

Operations in Conformity With Law, etc. Except as set forth Other than matters disclosed in the Asset Disclosure ScheduleSEC Reports, to Seller’s Knowledge: (i) Seller Buyer is, and at all times has been, in full compliance with each Legal Requirement that is or was applicable to it or to the conduct or operation of SellerBuyer, Buyer’s assets, and the Buyer Business; (ii) no event has occurred or circumstance exists that (with or without notice or lapse of time) (a) may constitute or result in a violation by Seller Buyer of, or a failure on the part of Seller Buyer to comply with, any Legal Requirement, or (b) may give rise to any obligation on the part of Seller Buyer to undertake, or to bear all or any portion of the cost of, any Remedial Action of any nature; and (iii), the Seller ) Buyer has not received any written notice or other communication (whether oral or written) from any Governmental Body or any other Person regarding (a) any actual, alleged, possible or potential violation of, or failure to comply with, any Legal Requirement, or (b) any actual, alleged, possible or potential obligation on the part of Seller Buyer to undertake, or to bear all or any portion of the cost of, any Remedial Action of any nature.